OHB expects $600 million in German government, Galileo satellite orders

by Peter B. de Selding

OHB SE Chief Executive Marco R. Fuchs said the company expects two big orders in the second quarter: a 300-million-euro ($325 million) order for the German government's civil/military Heinrich Hertz telecommunications satellite; and an order from the European Commission and ESA for eight more Galileo positioning, navigation and timing satellites, valued at around 255 million euros.

Credit: OHB


PARIS — Satellite and rocket-component builder OHB SE of Germany on May 10 said the decline in its backlog reported in the first quarter of this year is about to reverse sharply with . . .

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